Undies for Everyone

Analysis

Undies for Everyone is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in February 2014, 12 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Undies for Everyone reported income of $2.6m and spending of $2.7m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $378k to $2.6m (+589%), an average of +62% a year. The sharpest change came in the year to December 2021, when income rose by 146%. Over the whole period it spent 88% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Undies for Everyone sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 91st percentile within TX. Charities of a similar size with the same main cause include Housing TR Fund of Santa Barbara County Inc ($2.6m), Progressive Multiplier Fund ($2.6m) and Oregon Trail Community Foundation ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $222k (8.2% of expenses). Other salaries and wages came to $238k. It paid $6,148 in professional fundraising fees. At year end it held assets of $1.9m against liabilities of $212k, net assets of $1.7m. It reported 11 employees.